Pension and Benefits NetNews – October 29, 2013

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Employee Benefits Management News

  • Employers and plan sponsors prepare for Affordable Care Act’s 2014 changes
  • Small-business owners give high ratings to features of new SHOP marketplaces, survey finds
  • Supreme Court asked to review next set of Affordable Care Act challenges
  • Majority of U.S. workers believe ACA will increase health insurance premiums: NBGH

Pension Plan Guide News

  • Gotbaum cheers actuaries’ efforts to promote lifetime income
  • PBGC announces Constance Donovan as Participant and Plan Sponsor Advocate
  • ERISA Advisory Council to meet November 4-5, 2013

Employee Benefits Management News

Employers and plan sponsors prepare for Affordable Care Act’s 2014 changes

January 1, 2014, will bring many significant changes for employers and plan sponsors because of the Patient Protection and Affordable Care Act (ACA) speakers at the annual employee benefits conference of The Groom Law Group, Chartered, emphasized on October 16 in Washington, D.C. For details, see ¶2071O.

(Read Intelliconnect) »

Small-business owners give high ratings to features of new SHOP marketplaces, survey finds

A majority (56%) of small business owners who currently provide their employees with health benefits are interested in being able to offer a choice of health plans while paying a fixed cost, with the employee paying extra for choosing a more expensive plan, according to a new NORC study supported by The Commonwealth Fund. For details, see ¶2071P.

(Read Intelliconnect) »

Supreme Court asked to review next set of Affordable Care Act challenges

The Obama administration has filed three documents with the Supreme Court in response to various Patient Protection and Affordable Care Act (ACA) petitions, making it very likely the Supreme Court will hear at least one new case against the law during this next term. For more information, see ¶2071Q.

(Read Intelliconnect) »

Majority of U.S. workers believe ACA will increase health insurance premiums: NBGH

Despite an overall lack of familiarity with the Patient Protection and Affordable Care Act (ACA), the majority of U.S. workers believe the health care reform law will ultimately increase how much they pay for health care insurance over the next several years, according to research from the National Business Group on Health (NBGH). For more information, see ¶2071S.

(Read Intelliconnect) »

Pension Plan Guide News

Gotbaum cheers actuaries’ efforts to promote lifetime income

PBGC Director Josh Gotbaum applauded the American Academy of Actuaries’ discussion paper, “Risky Business: Living Longer Without Income for Life,” and encouraged the group to continue its lifetime income initiative. For more information, see ¶123Y.

(Read Intelliconnect) »

PBGC announces Constance Donovan as Participant and Plan Sponsor Advocate

Pension Benefit Guaranty Corporation announced the addition of Constance (Connie) Donovan who will assume a newly created position, Participant and Plan Sponsor Advocate. For more information, see ¶124D.

(Read Intelliconnect) »

ERISA Advisory Council to meet November 4-5, 2013

The 169th open meeting of the Advisory Council on Employee Welfare and Pension Benefit Plans (also known as the ERISA Advisory Council) will be held on November 4-5, 2013. For more information, see ¶124C.

(Read Intelliconnect) »